Why Cryptocurrency Will Replace Fiat - and why CBDCs may accelerate the process.
Why Cryptocurrency Will Replace Fiat is simply because As countries around the world are racing against each other to become the pioneers who create the staple for the development of Central Bank Digital Currencies, Morgan Stanley's Chief Economist is warning markets that the rush of CBDCs may displace existing fiat currencies – and actually become reserve assets in their own right. This my be the end for fiat as crypto keeps roaring up to all time highs. Cryptocurriency is here and fiat will soon replace it and be a thing of the past. This makes the risk of Morgan Stanley’s prediction happening being fairly remote due to a variety of factors unless half the world decides to dump their USD and Euro reserves, and pick up the Digital Yuan instead as the Central Banks for the United States and Europe are in the back when it comes to their digital currency development. While maybe one day we will see all governments in the world choosing another currency as their reserve asset, it is highly unlikely for it to happen any time soon… However, on a more practical level, Morgan Stanley’s prophecy is demonstrating that digital currency is now being taken seriously at the highest levels of investment banking – and that some well places bankers see China's currency ambitions as a danger to Western central banks.
ByBit, Trezor, Ledger, TokenMetrics, Crypto.com & more!
Find deals on hardware wallets, trading indicators, exchanges & more.
Find Crypto DEALS ➡️
https://cryptopedianetwork.com/deals/This is not news in itself as experts like Ripple’s Co-Founder Chris Larsen have been warning about the need for the United States to keep up with China when it comes to the Digital Currency race, as lagging behind them could have serious effects in the current economic rank the use has led for decades.
As we approach 100k subscribers on YouTube, We will be giving away $10000 in BUSD! ($500 To 20 lucky winners ).
?Sign up for the contest here:
https://gleam.io/byq70/10000-busd-giveaway-500-20-to-winners?
https://jet-bot.com?fpr=wbznq#cryptoreplacefiat #financialcrash2021 #financialcrash2022 #bitcoinkillsfiat #bitcoinreplaceusd #btcoverusd
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Get 10% more WISE Tokens:
https://bit.ly/37B0irm●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
?Get BANKROLL FLOW (BNKRX) Tokens here!
https://bankroll.network/flow.html?buddy=TJGwgrRkTEJzrLRL4w4kA1kpQNNRwHkMo1Use my addy if you want to to be eligible for giveaways:
TJGwgrRkTEJzrLRL4w4kA1kpQNNRwHkMo1
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
EXCHANGES
https://www.bybit.com/invite?ref=O0QvrBinance:
https://goo.gl/CTTkZD●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
My 8 Channels & Groups
?
https://linktr.ee/CryptopediaK7? Looking to Collaborate with Cryptopedia ?
? Email us here: CryptopediaK7@gmail.com
? Faster response via Telegram: @kevinattipoe
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Disclaimer: Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.
...
https://www.youtube.com/watch?v=_Z9_e0NhLDw